Manaksia Steels Limited Approves FY2026 Financials and Appoints Internal and Cost Auditors
Manaksia Steels Limited announced key outcomes from its Board Meeting held on May 22, 2026. During the meeting, the Board approved the Audited Financial Statements and audited results, both Standalone and Consolidated, for the financial year ended March 31, 2026. The company also formalised the appointment of its internal and cost auditors for the financial year 2026-27.The company confirmed that its Statutory Auditors issued an Unmodified Opinion on the audited Standalone and Consolidated Financial Results for the year ended March 31, 2026.
Financial Highlights
The audited financial results for the quarter and year ended March 31, 2026, reflected significant figures across both standalone and consolidated statements.A comparison of the key financial metrics for the year ended March 31, 2026, is provided below:
Standalone Financial Results (Year Ended 31 March 2026)
| Metric | Amount |
|---|---|
| Total Income | 1,13,542.59 |
| Total Expenses | 1,05,751.17 |
| Profit/(Loss) before Interest, Tax, Depreciation & Amortisation (EBITDA) | 7,656.38 |
| Profit/(Loss) before tax (PBT) | 5,143.10 |
| Net Profit/(Loss) for the period (PAT) | 3,991.84 |
| Total Comprehensive Income (TCI) | 3,278.45 |
| Earnings per share (Basic) | 5.82 |
Consolidated Financial Results (Year Ended 31 March 2026)
| Metric | Amount |
|---|---|
| Total Income | 1,13,110.30 |
| Total Expenses | 1,05,453.45 |
| Profit/(Loss) before Interest, Tax, Depreciation & Amortisation (EBITDA) | 8,089.14 |
| Profit/(Loss) before tax (PBT) | 5,415.39 |
| Net Profit/(Loss) for the period (PAT) | 3,991.84 |
| Total Comprehensive Income (TCI) | 3,661.77 |
| Earnings per share (Basic) | 6.09 |
Financial Position and Cash Flow Summary
The Balance Sheet data for the year ended March 31, 2026, showed the company's assets and liabilities.Assets and Liabilities (Rs. lakhs)
| Category | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|
| Total Assets | 54,482.68 | 53,652.58 |
| Total Equity and Liabilities | 59,268.08 | 53,652.58 |
Cash Flow from Operating Activities (Rs. lakhs)
The net cash flow from operating activities was Rs. 6,160.93 for the year ended March 31, 2026, compared to Rs. 1,352.99 in the previous year.
Corporate Governance and Auditing Appointments
The Board meeting on May 22, 2026, finalized several corporate governance appointments for the financial year 2026-27:1. Internal Auditor Appointment: M/s. JMNR & Associates (FRN: E300297) was approved as the Internal Auditors for the Financial Year 2026-27.
2. Cost Auditor Re-appointment: M/s. B. Mukhopadhyay & Co. (Registration No.: 000257) was approved for the re-appointment as Cost Auditors for the Financial Year 2026-27.
The audited statements of assets and liabilities and cash flows for both standalone and consolidated entities were released, detailing the financial performance up to March 31, 2026.
MANAKSTEEL Stock Price Movement
Manaksia Steels Limited shares today slipped by 0.33% to settle at ₹65.64, dropping ₹0.22 in post-market trading. The stock traded on a volume of 21,435 shares, remaining within the ₹65.1 to ₹67 intraday range.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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